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UK commercial property development on the rise

Posted on 14 December 2012

UK commercial property development activity increased for the third month in a row during November, with refurbishment activity rising to its highest level in 28 months, according to a new report.
Estate agent Savills’ monthly UK Commercial Development Activity Report, which analyses the activity and intentions of more than 200 commercial property developers, finds that developer’s confidence about the future remained positive in November, with respondents citing better market conditions and expectations of an easing in credit conditions as reasons for optimism………………………………………..Full Article: Source


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